1418 NW 37th PL Cape Coral, FL 33993Open Sun 12PM-3PM
UPDATED: 02/28/2026 11:05 AM ON MARKET: New on market today
Listed by Sellstate Priority Realty • Ryan Benner
$1,359,900
5 Beds4 Baths2,748 SqFt
Key Details
Property Type: Single Family Home
Sub Type: Single Family Residence
Listing Status: Active
Purchase Type: For Sale
Square Footage: 2,748 sqft
Price per Sqft: $494
Subdivision: Cape Coral
MLS Listing ID: 2026010003
Style: Contemporary,Ranch,One Story
Bedrooms: 5
Full Baths: 3
Half Baths: 1
Construction Status: Resale
HOA Y/N: No
Year Built: 2023
Annual Tax Amount: $14,182
Tax Year: 2025
Lot Size: 10,018 Sqft
Acres: 0.23
Lot Dimensions: Appraiser
Property Sub-Type: Single Family Residence
Property Description
Built in 2023 along the 120-foot Optimist Canal, this Gulf-access residence offers boating access to open water and expansive southern views across intersecting canals that create an impressive waterfront setting. The home provides 2,748 square feet under air with five bedrooms and 3.5 baths designed for comfortable living and entertaining. With an approved offer, sellers will provide a $25,000 credit toward your ideal dock setup.
The open-concept interior features 12-foot ceilings with a 13-foot tray in the main living area and 10-foot ceilings throughout, complemented by oversized 24x24 matte-finish porcelain tile flooring. Integrated LED tray lighting is smartphone controlled. Impact-rated windows and doors are installed throughout. Zero-corner pocketing sliding glass doors retract fully to open the living area to the lanai. While the corner sliders are not impact-rated, they are storm protected since the covered lanai area is enclosed by electric roll-down Kevlar storm shutters, creating a protected space for outdoor furnishings during severe weather.
With a true chef's kitchen, this home is set apart from many comparable properties. It includes an oversized island, Forno eight-burner dual gas range with gas stone electric oven and hood, Café Advantium microwave, Samsung Wi-Fi-enabled refrigerator, additional pantry refrigerator, quartz countertops, and extensive cabinetry.
The fifth bedroom functions as an oversized cabana-style mother-in-law suite with private sliding glass doors to the lanai, kitchenette, and dual-sink bath. All bathrooms include dual vanities except the pool bath. Additional upgrades include an Ecobee thermostat, Navien 199k BTU gas tankless water heater, whole-house reverse osmosis system with secondary RO added in 2024, and a buried 250-gallon propane tank servicing the range, water heater, and pool heater.
Western rear exposure provides sunset views from the custom pool and spa area. The screened outdoor space features a panoramic picture-window enclosure, paver deck, oversized spa, swim-up tiki hut bar with approximately 20 by 10 feet of thatched covering, wraparound bar seating, outdoor kitchen added in 2024, low-voltage lighting, outdoor shower, and mounted televisions in the lanai and tiki hut. The gas pool heater provides rapid heating and is managed through a Jandy AquaLink system controllable by phone.
The property has also operated successfully as a short-term vacation rental in the past with a perfect 5.0 star Airbnb rating. It generated approximately $14,000 in revenue during March 2025 alone. The layout, cabana suite, resort-style outdoor area, and expansive water views support exceptional STR potential.
The three-car garage offers 12-foot ceilings and over $8,000 in added storage and fitness upgrades. A new well pump was installed in 2025, and the seawall was replaced in 2021. Located near the planned Seven Islands development area. Furnishings are negotiable.
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